FARCIMAR S.A. MEMBER OF PME INNOVATION COTEC

It was last November that FARCIMAR, S.A. became a member of PME innovation COTEC.

COTEC Portugal is a Business Association for Innovation whose mission is to promote increased competitiveness of companies located in Portugal, through the development and dissemination of a culture and practice of innovation, as well as of knowledge in the country.

Having innovation as a key pillar in the development and growth strategy of Farcimar S.A., the candidacy as a member of PME innovation COTEC held in July 2014 comes naturally and its approval is for us understood as recognition for the work done in this area.

The COTEC was born of an initiative of the President and with the support of SNI institutions, created a private project whose special features which allow this associative structure to join conditions to lead the change process in Portugal considered on its mission.

The PME innovation COTECconsists of a group of Portuguese companies selected by COTEC through the assessment of their innovation performance. The PME innovation COTEC was created for the development of SME skills and aims to: promote public recognition of a group of PME which, by their attitude and innovative activity, are examples of value creation for the country; establish networking between the Associates of COTEC Portugal and PME in the network; and give specific support in growth stages, in particular the relevant investment attraction and support internationalization.